Business Matters: Annual inflation drops sharply below 2% target in September

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Bank Of Canada News

Business,Business Matters,Inflation

The annual rate of inflation slowed sharply in September, falling below the Bank of Canada’s two per cent target, Statistics Canada reported Tuesday. Annual inflation was 1.6 per cent in the month, down from two per cent in August, thanks largely to continually lower gasoline prices, the agency said.

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Former CSIS officer calls India allegations the most shocking ‘assault on our sovereignty, on public safety’ he has ever seen01:57 | October 18, 202408:15 | October 18, 2024Joly says Trudeau has her support, says caucus should be ‘safe space’ for Liberal party members to ‘talk to each other’02:08 | October 16, 2024The annual rate of inflation slowed sharply in September, falling below the Bank of Canada’s two per cent target, Statistics Canada reported Tuesday. Annual inflation was 1.

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